TRANSOCEAN INTERNATIONAL Ltd - 28 Oct 2025 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Role
10%+ Owner
Signature
/s/ Daniel Ro-Trock by Power of Attorney
Issuer symbol
KITT
Transactions as of
28 Oct 2025
Net transactions value
+$1.2
Form type
4
Filing time
31 Oct 2025, 18:43:44 UTC
Previous filing
23 Sep 2022
Next filing
04 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
TRANSOCEAN INTERNATIONAL Ltd 10%+ Owner CHEVRON HOUSE, 11 CHURCH STREET, FIRST FLOOR (NORTH), HAMILTON, BERMUDA /s/ Daniel Ro-Trock by Power of Attorney 31 Oct 2025 0001083269

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KITT Common Stock, par value U.S. $0.0001 Conversion of derivative security $3,773,959 +2,144,295 +33395% $1.76 2,150,716 28 Oct 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KITT Convertible Senior Secured Term Loan 2023 Conversion of derivative security $3,773,958 0 28 Oct 2025 Common Stock, par value U.S. $0.0001 2,144,295 $1.76 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount reported also includes 6,421 additional shares (the "Earnout Shares") of the Issuer's common stock issuable to the Reporting Person on or before September 9, 2027, pursuant to certain earnout conditions, as described in the Merger Agreement (as defined in the Reporting Person's Form 3 filed on September 23, 2022).
F2 The shares of the Issuer's common stock reported herein as being beneficially owned by the Reporting Person consists of the Earnout Shares and 2,144,295 shares of the Issuer's common stock acquired on October 28, 2025 by the Reporting Person in connection with the exercise of its right to convert $3,000,000 of outstanding principal amount of loans, together with accrued interest, made pursuant to that certain Senior Secured Term Loan Agreement, dated as of September 18, 2023, by and among the Issuer, the collateral agent and the other lenders party thereto (as amended, the "Convertible Note"). Loans made pursuant to the Convertible Note were convertible into shares of the Issuer's common stock at a conversion price of $1.76 per share.